Beretta Estates Colonia / Sugar Acres Colonia median real estate price is $217,393, which is less expensive than 68.8% of Texas neighborhoods and 77.7% of all U.S. neighborhoods.
The average rental price in Beretta Estates Colonia / Sugar Acres Colonia is currently $1,235, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.0% of Texas neighborhoods.
Beretta Estates Colonia / Sugar Acres Colonia is a suburban neighborhood (based on population density) located in Edinburg, Texas.
Beretta Estates Colonia / Sugar Acres Colonia real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Beretta Estates Colonia / Sugar Acres Colonia neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Beretta Estates Colonia / Sugar Acres Colonia has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Homes built from 2000 through today make up a higher proportion of the Beretta Estates Colonia / Sugar Acres Colonia neighborhood's real estate landscape than 97.4% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 82.3% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Beretta Estates Colonia / Sugar Acres Colonia neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 39.9% of the real estate here is made up of such dwellings, which is higher than 97.2% of all U.S. neighborhoods.
Single parenting is hard. But you don't have to tell the Beretta Estates Colonia / Sugar Acres Colonia neighborhood about it; they already know. 20.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
In addition, beretta Estates Colonia / Sugar Acres Colonia is ranked among the top 7.2% of neighborhoods for first-time home buyers to consider in the state of Texas according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Beretta Estates Colonia / Sugar Acres Colonia neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students.
Did you know that the Beretta Estates Colonia / Sugar Acres Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 75.3% of this neighborhood's residents have Mexican ancestry.
Beretta Estates Colonia / Sugar Acres Colonia is also pretty special linguistically. Significantly, 64.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.5% of all U.S. neighborhoods.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Beretta Estates Colonia / Sugar Acres Colonia neighborhood in Edinburg are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.3% of U.S. neighborhoods. With 47.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.2% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Beretta Estates Colonia / Sugar Acres Colonia neighborhood, 34.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 30.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.3%), and 10.8% in manufacturing and laborer occupations.
The most common language spoken in the Beretta Estates Colonia / Sugar Acres Colonia neighborhood is Spanish, spoken by 64.1% of households. Some people also speak English (35.9%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Beretta Estates Colonia / Sugar Acres Colonia neighborhood in Edinburg, TX, residents most commonly identify their ethnicity or ancestry as Mexican (75.3%). There are also a number of people of German ancestry (2.0%).
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Beretta Estates Colonia / Sugar Acres Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (56.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.